- Playboy is a global consumer and lifestyle company offering sexual wellness, gaming, beauty, and grooming products among many others.
- I will be assuming that the management would continue to develop its network of third-party sellers.
- I will also be assuming that embracing digital assets and cryptocurrencies will help the company find third-party sellers more rapidly.
- I am also assuming 2032 FCF close to $147 million and an exit multiple of 13x, which implies a terminal value of $1,841. Assuming also a debt of $161 million and cash around $253 million, the enterprise value would be equal to $2.391 billion.
- I believe that PLBY has enough liquidity to launch marketing campaigns and negotiate in good terms with partners and third-party sellers.
For further details see:
Upside Potential In Playboy Thanks To Revenue From Trademark Licensing